Summary - 88 LADYSMITH ROAD PLYMOUTH PL4 7NN
7 bed 1 bath Terraced
Ready-let central terrace with clear upside from refurbishment.
7-bedroom Victorian terraced HMO, currently fully let
High tenant demand; close to university and transport links
Modern communal kitchen and living area, bright interiors
Only one main bathroom/shower for seven bedrooms
Signs of damp—requires inspection and remedial works
Small rear garden; modest overall plot for a terrace
External timber/paintwork weathering; needs maintenance
Freehold tenure; area shows higher deprivation levels
A seven-bedroom Victorian terraced property on Ladysmith Road positioned for buy-to-let investors seeking an HMO with immediate income. The building combines period character—bay windows, high ceilings and decorative brickwork—with a modernised communal kitchen and living area already operating as a multi-let.
The property is currently fully let and benefits from strong local rental demand close to Plymouth University, Mutley Plain and public transport. High tenant demand and excellent mobile and broadband connectivity support reliable occupancy and rental yield potential.
Buyers should note material issues: there are signs of damp that will need investigation and remedial work, and the house provides just one main bathroom/shower for seven bedrooms which constrains tenant comfort and may limit future rents without modification. The rear garden is small and overall plot size is modest, typical of terraces in the area.
This freehold terrace offers clear scope to improve income and capital value through selective refurbishment, additional bathroom provision and ongoing maintenance to resolve damp and external timber weathering. It suits investors or landlords who want a ready-made HMO with practical upgrade potential rather than a turnkey, hands-off asset.
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